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Search Results 0 to 18 of about 19 (some duplicates have been removed)
the deficits and help invest in rebuilding america and we think it makes a lot of sense. >> chris: but it was money that wouldn't have been spent anyway. >> if those wars would have gone on... >> chris: you are no ending the wars for budget purposes but because of the foreign policy decision, the wars were not going to be fought and you are not really saving money, it is a budget gimmick, money -- >> no, it is not, when republicans propose it is a budget gimmick. >> chris: sure, absolutely. >> address it with them. >> chris: well, i'm addressing it with you. >> again, it is a basic challenge we face, chris, the challenge we face, which is how to bring the deficit down over time, now, it will require spending savings, it will require increasing in rates of revenues and we think we can do it and will work hard to do it and have a good chance to do it and no reason we can't. >> chris: last question, can you promise that we will not go over the cliff. >> no, i can't promise that. that is a decision that lies in the hands of the republicans, that are now opposing increases in tax rates
take a look at america by the numbers and what america looks like by the year 2016. jennifer ortman and william frey here to talk about america by the numbers. we are back in a moment. [video clip] >> punch me, straggle mae, take things from me. >> we're starting to see people coming out and talk about their experiences of this phenomenon that some have experienced and had no words for other than growing up. people were starting to stand back and say, "this is not a no part of growing up." there was a moment where there is a possibility for change. we decided to start the film out of that feeling that voices were bubbling up to the surface it to say, this is not something we can accept in our culture. >> she has gathered essays and stories together in "bully." like us on facebook. >> the white house was very controversial, as most things in america were. l'enfant designed washington city. there was a competition and he submitted the design for a palace. americans were not having a palace. it was not particularly awe- inspiring. in fact, in 1821, a european diplomat told the congress
to make america stronger. we can rebuild infrastructure. we think those are good investments in america and we think we can afford them. >> let's look at an outline of what republicans said they heard in the meeting. $1.6 trillion in tax increases over the next ten years. $50 billion in stimulus spending right now. $400 billion in unspecified medicare cuts. over the next ten years. and then, permanent authority to increase the debt limit the president wants that authority. they look at that 1.6 trillion in revenue and say it's twice as much you get from raising taxes on the wealthy and much more than democrats would ever accept in the senate. that's why they say this is not serious. >> but let me start with what you said, we're making the threat of default. we propose to take an idea that senator mcconnell proposed in the summer of 2011 and extend that. what that does, it lifts the cloud of default over the economy. the president has increased the debt limit. congress has a chance to express approval of that. it's a very smart way by the senator with impeccable credentials to lift this
to use those savings to reduce the deficits and invest in rebuilding america. we think is makes a lot of sense. >> but it was money that wasn't going to be spent anyway. >> if those wars had gone on it would be spent. >> i understand but you are not ending the wars for budget purposes, you are ending the wars because of a foreign policy decision. the wars weren't going to be fought. you aren't really saving money. it's a budget gimmick but it's not money you were going to spend. >> no, it's not a budget gimmick. the republicans propose it as a budget gimmick? >> sure, absolutely. >> then you should address it to them. >> but i'm addressing it to you. >> it's a basic challenge we face. this is the challenge we face which is how to bring the deficits down over time. it will require spending, savings and increase in rates and revenues. we think we can do that. we will work hard to do that and we have a good chance do it. no reason we can't do it. >> last question. can you promise we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the r
>> eric: have a good sunday. i'm eric shawn. >> i'm jamie colby. great to have you here. america news headquarters continues from washington. keep an eye for santa out there. he is on the street. >> shannon: who will blink first? the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. ther
on america's credit, the savings of americans, the investments of americans be held00 to the political agenda of a group of people in congress over time. as you saw last august, that was very damaging to the american people. it's not the responsible way it govern. >> schieffer: are you betting eventually the republicans will cave on the taxes? >> there's no-- there's no path to an agreement that does not involve republicans acknowledging that rates have to go up for the wealthiest americans. >> schieffer: you're saying you can't do it just by eliminating deductions and other-- >> very good question. you know, we've taken a careful look at this, and we think we should limit deduction but if you look carefully at how to do this, there is no way to raise a meaningful amount of revenue, relative to the sights of our fiscal challenges, by just limiting deductions for wealthy americans. there's just not enough room there. you can raise a the lo of money if you're prepared to raise taxes significant she on middle class families by eliminatey deductions, but we don't think that is the way. >> schieff
for the middle class, now. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next year. >> but republicans aren't budging, accusing the president of avoiding tough choices on spending and wasting time in the effort to avoid the fiscal cliff. >> it's not a serious proposal. and so right now, we're almost nowhere. >> will there be a deal by the end of the year? and what are the consequences for the economy if there isn't one? we'll ask the president's lead budget negotiator, treasury secretary tim geithner. >>> then the view from capitol hill. are democrats as divided over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? what is the vision for an economic rebound? >>> from nbc news in washington, the world's longest-runni
-- in order for the white house to consider whatever -- think of it as a suggestion box for america. in order for the white house to consider your suggestion or comment there needs to be 25,000 people who have signed on. more than 75,000 people have signed on saying get rid of piers. >> there have been counter petitions as well, right? >> yes. actually, the best part about this -- i -- your heart goes out to poor piers. these are british citizens that have their petition saying we don't want piers to come back to the uk. quite a few british scitizens signed on saying we don't want him. please keep him in the united states and one of the petitions is actually directed towards the uk government saying should the united states decide to demr. morgan, they should reject the deportation. have him stay somewhere in the atlantic, let him hang out there. but -- >> you said you -- you feel bad for piers morgan. you never feel bad for anybody on tv. we all bring it on ourselves. okay. he brought it on himself. any response from him today as a result of all of this stuff? >> he has been on twitter pokin
that are important to america, and what we're asking people to do is to make a modest investment in making this country stronger. >> right. again, you know where this is going. john boehner, again, speaker, said we're at a stalemate. is that how you would describe where things are? >> i think we're far apart still, but i think we're moving closer together. again, remember -- >> where are you closer? >> the republicans have said for the first time in decades, if i'm not mistaken, the leaders of the republican party, that they are prepared to raise taxes as part of a deal that helps reduce our long term deficit. what they haven't said is how far they're willing to go on rates and revenues, and that's what we need to see from them. >> they said no increased rates. >> but that's -- but they know this. there's not going to be an agreement without rates going up. there's not -- >> you'll go off the fiscal cliff if the republicans say, sorry, no way are we going to raise rates for the -- on the wealthy. you guys are willing to go off -- >> if republicans are not willing to let rates go back up an
works, every lawyer in america will make this. >> there is no way this argument will work. >> my recollection, didn't it at some point, scott peterson made these type of arguments. to come up with these things, the lawyers think they are doing a job. in this cases, it hurts more than help. >> scott peterson is on death row in california. >> gregg: absolutely. >> where he belongs. >> gregg: good stuff. lis and bob, thanks for being with us. >> heather: coming up a big shakeup in president obama's cabinet in his second term. president could be announcing new nominations soon and why reporters and critics are keeping a close watch. our political panel weighs in. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you
are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> there's a lot going on as you can see from my expression today. here are things we thought you should know. nbc news has confirmed president obama wants congresswoman debbie wasserman schultz to stay on as the head of the national democratic committee. president obama celebrated some of the nation's most influential artists and entertainers last night. led zeppelin, buddy guy, and david letterman were among the seven honorees, while recognizing the late night legend, ray romano couldn't resist poking a little fun at the president. >> you want to win the world series. down one game to nothing? no, you keep going. you keep going. do you quit when you're down 1-0 in debates? no. no. >> that's awesome. those are the things we thought you should know. the "news nation" gut check is online today. you can go to facebook.com/newsnation to cast yo
party and he's now putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax re
Search Results 0 to 18 of about 19 (some duplicates have been removed)

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